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Author Topic: When sell holding alt coin in profit?  (Read 3412 times)
Rocky993
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August 14, 2021, 05:13:42 PM
 #241

The base of any coin and token is very strong and has the ability to give acceptable profit in a short period of time, select and hold all those coins.  No one can stop you from getting big profits by selling with acceptable profits.
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August 14, 2021, 05:21:49 PM
 #242

when is the right time to sell? I think it depends on the capital you use and also the target you want. if you choose to be an investor you have to buy and forget about it until the price reaches your target and if you choose to become a trader I think you have learned about technical analysis or at least you know when is the right time to exit.
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August 14, 2021, 08:30:31 PM
 #243

It's best if you don't get greedy and try to make a lot of money. Furthermore, cryptocurrencies' upward tendency is primarily due to bitcoin's bullishness. However, in crypto investing, we can never be certain where bitcoin, which is followed by other altcoins, will go.
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August 14, 2021, 09:01:10 PM
 #244

People hold for getting profit, how long time we will hold? So i need fixed a target when i will reach my target then i sell it. Otherwise it's remain hold. For that we need to be mentally prepared. Holding is not easy.
For holding, project selection is the most important. If I hold a dead project, it will never benefit me.
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August 14, 2021, 11:10:50 PM
 #245

We have different goals when to sell our coins some people prefer to hold for long because they see their altcoins that it will increase further in the future and some just taking profit right away. It's up to you what is your desire price to sell your coins.
If you have been holding and there is no purpose for you to sell and you're one with us as a long term holder, no need to validate when you're going to sell if you have no idea yet.
We're all going to profit no matter what happens with cryptos that we hold as long as they're the top coins in the market like bitcoin. There's no essence holding those random altcoins for long term. And when we take profit, it's going to have a purpose or you want to reinvest it back and buy when it's lower again.

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August 15, 2021, 03:37:42 AM
 #246

It depends on everyone's target. For Getting Maximum profit we should set our target. we should take out our capital from long term holding and set take profit to the coins. As we buy coins in different prices to average the price of coins.Similarly we should sell our coins in different parts that we can get maximum profit.
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August 15, 2021, 04:16:49 AM
 #247

Everybody with their different mindset, for me I prefer holding my altcoins for longer periods of time, because holding for long term brings more profit especially when there is a bull run in the market, some people choose to sell when they see a  100% on their investment which means x2 of their capital, everyone with their different strategies so it's better you choose the one that works best for you and stay profitable in the market, take note another person's strategy might not work for you.

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August 15, 2021, 06:16:57 AM
 #248

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

I will sell altcoins when I get profit, it will be an option, but when can I get profit? I have to choose an altcoin that has good fundamentals before investing in an ICO or IDO.
currently there are farming and staking platforms, i will choose both and double the coin holding, then sell it, you can choose the coin
with good coin tokenomics, before you plan to start buying that coin

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August 15, 2021, 07:13:31 AM
 #249

When you will get as expected profit then you can sell your holding coin.Everyone has different target. Buying low price and selling high price. And you need to follow   market condition. You can buy valuable alt coin and long time
hold, You can get more profit from it in Future.
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August 15, 2021, 09:19:27 AM
 #250

When you will get as expected profit then you can sell your holding coin.Everyone has different target. Buying low price and selling high price. And you need to follow   market condition. You can buy valuable alt coin and long time
hold, You can get more profit from it in Future.
Adding to what you mentioned, apart from selling at a high price, if you have already made a profit. Refund the capital for the same coin if the coin is still good, don't move just because of incitement and irresponsible people.

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August 15, 2021, 01:53:58 PM
 #251

I'm sure everyone expects a profit when selling their atl. when the right time when determining hold or sell is the choice of each person. sometimes when we hold alt we can experience losses or even double profits. My advice is to do an analysis first about the development of the project from the alt you have. if you believe the project will succeed then you better hold on.
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August 15, 2021, 02:18:52 PM
 #252

Pretty sure don't buy on high instead sell to have a profit. Meaning buy low and sell high. This is what I know the basic fundamental in crypto investment or trading if you are aiming for profit. Even the value may dump as long as you have the coins in your wallet. You are not really lost unless the project turned to dead.

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August 15, 2021, 02:58:00 PM
 #253

as an example of ethereum at this time, maybe I can hold it up to the previous eth peak, because that area is a resistance of the ethereum market, and after that a correction will occur, but if the resistance breaks it will form a new ath and we must be careful because there is no more resistance and whenever a crash can happen

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August 15, 2021, 03:06:40 PM
 #254

I'm sure everyone expects a profit when selling their atl. when the right time when determining hold or sell is the choice of each person. sometimes when we hold alt we can experience losses or even double profits. My advice is to do an analysis first about the development of the project from the alt you have. if you believe the project will succeed then you better hold on.

Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news  https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021
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August 15, 2021, 03:11:27 PM
 #255

Although altcoins are pumped, but it is do not last long, so it is better to sell altcoins at a profit. However, for long term holding.  sometimes the exception is that some coins pump a lot and give a lot of profit

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August 15, 2021, 03:26:37 PM
 #256

As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.

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August 15, 2021, 04:26:47 PM
 #257

As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.
just like me when I get 20% profit I decide to take profit of the capital after the rest I hold back in the long term to get the maximum profit
indeed we have to be more careful to analyze the market because the market can change quickly and we must be able to choose the right choice when the market changes to bullish or bearish

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August 15, 2021, 06:06:21 PM
 #258

Every investor should do proper analysis before investing in any crypto, and that analysis should also include profit target, quarterly profit targets, yearly or long term profit targets. If this is done before investing, one should always analyze that project and compare its progress with the set objectives, that way you can easily take profits at previously predefined price levels, hold your coins till your profit targets are hit or sell off if the coins isn't making the intended profits

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August 15, 2021, 06:14:07 PM
 #259

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

If you ask when is the right time to sell old coins, this is a question that really doesn't need to be answered, because everyone can clearly know when is the right time to sell the coins we have. But since you've asked this on the forum, then I'm obligated to answer it.

First, the right time to sell the coins you have is when the market conditions are good.
Second, when the coin price increases significantly from the previous purchase price.
Third, you can do all this after analyzing the coin and the current market conditions.

If you get this opportunity, then it's a good time to sell the coins you have.
Rimueng
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August 16, 2021, 07:39:00 AM
 #260

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

everyone will release the long held altcoins in the wallet when it reaches the price as desired by. meaning that when it reaches a high price a person will give up everything he has stored. but if the altcoin is obtained from the bounty, I will also release it when many are asking for it in the market, because in my opinion all altcoins obtained from the bounty are a big advantage if they have a high price.

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